Word: securicor
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Argenbright says its recent problems are owing in part to upheaval following its purchase last December by the British firm Securicor. To restore confidence after its rash of bad press, Securicor last week replaced Argenbright chief executive Frank Argenbright Jr. and said it was raising the hourly wages of its screeners. Company president Bill Barbour did not return TIME's phone calls for comment. Kenneth Quinn, a lawyer hired by a consortium of private security agencies, says much of Argenbright's negative publicity is unfair. "There's a spotlight now on incidents that would otherwise garner very little attention," says...
...three young children, aged seven to 15, was to be an exotic adventure in a city of decaying French colonial mansions, golden stupas and languid monks wrapped in saffron robes. Once he had slowed down to the somnolent pace, Kerry felt his job as head of security company Lao Securicor was the perfect transition from soldier to civilian. A military man with a square build and a hard chin, he had spent 20 years in Australia's Elite Special Air Service. Now he was giving orders instead of taking them...
...When Hong Kong-based Jardine Securicor hired Kerry to run its subsidiary, Lao Securicor, the company's client list included the Settha Palace Hotel, the Australian embassy and a sapphire-mining company that, despite the appearance of its dirty, three-story office building on Sihom Street in Vientiane, seemed on the verge of success. Gem Mining Lao held sapphire mining concessions, estimated to be worth $100 million, in Bokeo province, a region of dense forest, green rice paddies and rusty tin shacks where farmers were known to find sapphires and rubies in the red earth after heavy rains...
...Look, Kerry Danes is a smart man within a narrow scope," says his present lawyer Ted Tzovaras, who is paid by Jardine Securicor. "But when it comes to business, he's completely naive." Also on the advice of the Gem Mining lawyer?who has since fled Laos?Danes cosigned a letter from Jeppesen accusing members of the Laos government of corruption, greed and collusion with the disgruntled investors. The move infuriated the government. Kerry, belatedly realizing his mistake, stopped representing the company...
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